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Dec 4, 2012
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some of the south american current cities. that says we'll see international capital flows fall to go other markets. so what i would say to everybody is that whereas we've held down our exposure to international equities, both developed and to emerging, i would start to increase that exposure to international equities both developed and emerging, largely because i think you'll see dollar weakness and currency strength in other parts of the world. >> next year will be steady -- far more steady and far less spectacular, that seems to be what you're suggesting. >> growth next year probably around 2% is the consensus, 2.4% is where i come down. growth in profits maybe 3% to 4% next year. a very flat interest rate environment. you put all that together, you ask yourself what's going to happen to the stock market if that's right. and the answer is you won't get much out of that. >> so how do you invest into sectors? i think we've lost sound. unfortunately. there we go. our apologies. anyway, that was hugh johnson fp our apologies to
some of the south american current cities. that says we'll see international capital flows fall to go other markets. so what i would say to everybody is that whereas we've held down our exposure to international equities, both developed and to emerging, i would start to increase that exposure to international equities both developed and emerging, largely because i think you'll see dollar weakness and currency strength in other parts of the world. >> next year will be steady -- far more...
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Dec 28, 2012
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they were the shopping mall in bangkok, thailand, and that city's suvar nabumi airport. we asked where are you headed this year? italy, bangkok? john says i would like to travel to rome and check out the art and buildings there. and someone else is interested in architecture. jeff tweets in to say st. petersburg would be a great trip. i always wanted to see the gold room. gene, though, is more interested in culinary delights. he says food and wine, travel to brazil, yucatan, mexico, chile and france. if you want to join in on the conversation, e-mail us, worldwide@cnbc.com. tweet us, @cnbcwex. >> the food always tests better if you're eating it in a local original place. >> it also doesn't have calories if you do it that way. >> no, it doesn't count. sitting in tuscany enjoying an italian dish, that might be on my list. speaking of italian, we had an auction that was very successful earlier and it was the last auction that we saw for the year. they've sold a large amount of bills across the board. the ten-year italian paper now yielding 4.5%. so we've seen more buying in
they were the shopping mall in bangkok, thailand, and that city's suvar nabumi airport. we asked where are you headed this year? italy, bangkok? john says i would like to travel to rome and check out the art and buildings there. and someone else is interested in architecture. jeff tweets in to say st. petersburg would be a great trip. i always wanted to see the gold room. gene, though, is more interested in culinary delights. he says food and wine, travel to brazil, yucatan, mexico, chile and...
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Dec 26, 2012
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only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. >>> welcome back to "worldwide exchange." if you're traveling around london today, you better take the bus or hail a cab. for the third straight year, hundreds of london underground workers and drivers have gone on a 24-hour strike on boxing day. the first day of post-christmas retail sales. the union has a long-running dispute with tube management over bank holiday pay. >>> and here in the u.s., support strike could be brewing. federal mediators have called for a meeting of east and gulf coast dock workers and shippers as they try to avoid possible str
only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of...
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Dec 17, 2012
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they belong on the battlefield of war, not the streets of our cities. i believe the majority of gun owners would agree we should do everything possible to prevent criminals and fugitives from purchasing weapons. >> three weeks later, six people were killed and four others injured at a sikh temple in wisconsin. the president expresses outrage and makes vague reference to the need for change. we learned over the weekend the department of justice did create a set of recommendationes it beef up background checks after the giffords shooting but those recommendations went largely ignored. this time, it is not just the president saying, when the victims are innocent children, it's time to move from conversation it action. tyler? >> hampton pearson, thank you. >>> to the markets now. apple dipping below $500 a share for the first time since february. in premarket trading, this after citi downgraded stock. the company did sell better than expected 2 million iphone 5s in china over the weekend. the best smart phone launch ever in that country. what will the futur
they belong on the battlefield of war, not the streets of our cities. i believe the majority of gun owners would agree we should do everything possible to prevent criminals and fugitives from purchasing weapons. >> three weeks later, six people were killed and four others injured at a sikh temple in wisconsin. the president expresses outrage and makes vague reference to the need for change. we learned over the weekend the department of justice did create a set of recommendationes it beef...
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and all the reports from the next olympic city . there is just over a year until the actual winter olympics get underway but still if this task competitions give us a chance at the construction is almost over and that the city will soon transform into the world capital of the winter games this weekend is all about pushing the new venue through their paces of course all eyes are right now at this iceberg a rina ice rink which is right behind my back it's a new twelve thousand rink which is part of a cluster of ice sports venues which have been or are still being built along the black sea coast now its brand new sparking doors have just been opened for numerous competitors from around the globe and it seems no matter how they would actually do at the event they will sure go back home pleased with all this new facilities now an offer this weekend is all about testing the new venues however it also provides an exciting taste of what's still to come we're coming up on our two travels to the scorching nevada desert as our cameras show you
and all the reports from the next olympic city . there is just over a year until the actual winter olympics get underway but still if this task competitions give us a chance at the construction is almost over and that the city will soon transform into the world capital of the winter games this weekend is all about pushing the new venue through their paces of course all eyes are right now at this iceberg a rina ice rink which is right behind my back it's a new twelve thousand rink which is part...
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assad has killed three people in the title the nato military base in the city of holst they turned a bomb have claimed responsibility saying they were targeting local police that gone the entrance to the base that is not the first time the city located near the pakistan border was witness has witnessed such a tugs so side bombings earlier this year killed forty one people including six u.s. military personnel. divisive election campaign is living over with a new parliamentary valid analogy to take place within the next two months that comes after president morsi signed into effect the country's first post mubarak constitution passed in a two stage referendum the yes vote was confound on tuesday after an official probe into allegations of vote rigging turned up nothing that's a reaction furious opposition protesters took to the streets of cairo liberals claim they slam a draft a constitution betrays the revolution and sidelines the rights of women and minorities into our head list expert told r.t. the islamists will lose power if they fail to me is the people's demand this is the firs
assad has killed three people in the title the nato military base in the city of holst they turned a bomb have claimed responsibility saying they were targeting local police that gone the entrance to the base that is not the first time the city located near the pakistan border was witness has witnessed such a tugs so side bombings earlier this year killed forty one people including six u.s. military personnel. divisive election campaign is living over with a new parliamentary valid analogy to...
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Dec 27, 2012
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thank you, matt. >>> time is money in the windy city. chicago will have the priciest parking meters in the entire country. stay tuned to find out just how much they're going to charge in the new year. >> announcer: if congress forces the economy off the fiscal cliff the immigration and custom enforcement along with the customs and border protection departments will see their budgets cut by over $1 billion which means 8500 border protection workers would face termination. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people
thank you, matt. >>> time is money in the windy city. chicago will have the priciest parking meters in the entire country. stay tuned to find out just how much they're going to charge in the new year. >> announcer: if congress forces the economy off the fiscal cliff the immigration and custom enforcement along with the customs and border protection departments will see their budgets cut by over $1 billion which means 8500 border protection workers would face termination. get...
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Dec 21, 2012
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and it was the expertise of the city of london and the british civil severalants heading the european euro projects who said actually, no, that won't work in practical terms. politicians have to live in the real world. >> and maybe to pander to people in the way that there are fears that they may have. even all of that said, how important is it for the eu that they maintain this relationship? >> well, i think the relationship has got to change. so my view is that the euro absolutely survives. ubs has always, always believed that the euro will be 17 countries. it should never have been created, you about now that it's here, it must stay intact. but the eu's relationship, that i think probably does have to adjust. because the eurozone has to integrate more and the uk isn't interested in that. sweden is not interested in that. poland is not interested in that. >> but we hear now the rhetoric from london politicians, from british politicians. lots of pressure on britain to leave. >> well, certainly there is rhetoric. we've seen this in the netherlands. when you have a serious debate about
and it was the expertise of the city of london and the british civil severalants heading the european euro projects who said actually, no, that won't work in practical terms. politicians have to live in the real world. >> and maybe to pander to people in the way that there are fears that they may have. even all of that said, how important is it for the eu that they maintain this relationship? >> well, i think the relationship has got to change. so my view is that the euro absolutely...
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but the city also serves up some bit of irony for the russian role family of the bolshevik revolution this is the office was nicholas the second spend most of the last year of his life his whole family had been exiled here they led a fairly comfortable existence this was a big house but they weren't allowed to see visitors or go outside themselves whilst leaving this ordinary normal countryside lifestyle they even had those with skate but within the yeah and his family would be dead. that's. a little. this is also he welcomed dog as a run tries to keep its economy afloat and there is increasing western sanctions the country could be facing another problem this september the u.s. took on a reigning militant group the ek also its terra blacklist and labeled it an opposition exile washington says it was because they didn't commit any terror acts for over a decade and want a peaceful regime change in iran or his maria i want to turn around to learn what people there think of them the mohammed shows me his box of handmade treasures earrings pendants all made from stone the only material he
but the city also serves up some bit of irony for the russian role family of the bolshevik revolution this is the office was nicholas the second spend most of the last year of his life his whole family had been exiled here they led a fairly comfortable existence this was a big house but they weren't allowed to see visitors or go outside themselves whilst leaving this ordinary normal countryside lifestyle they even had those with skate but within the yeah and his family would be dead. that's. a...
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Dec 3, 2012
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says the euro should be traded within the block and not the city of london. and white house and congress may need to call the auto club to jump-start budget talks which has stalled on discussions over taxes. plus singapore airlines confirms it is in talks to sell its 49% stake in virgin atlantic. reports suggest delta amongst the front runners. equities up in the month of november. ahead of the u.s. open, up by a quarter percent for the ftse. quarter for the ibex, as well. by and large the pmi numbers have been slightly better than expected. the revision on the eurozone pmi aunt wasn't on the headline composite number, but new orders were a little bit better. still a long way away from the 6% mark. gilt yields steady. manufacturing pmi better than expected. euro-dollar hit a six week high. dollar kren moyen moving away f 7 1/2 peak. talking about the uk, george osbourne says there's no turning back on austerity just days ahead of his annual statement. he continues to resist opposition calls warning that lack of budget discipline would have serious consequence
says the euro should be traded within the block and not the city of london. and white house and congress may need to call the auto club to jump-start budget talks which has stalled on discussions over taxes. plus singapore airlines confirms it is in talks to sell its 49% stake in virgin atlantic. reports suggest delta amongst the front runners. equities up in the month of november. ahead of the u.s. open, up by a quarter percent for the ftse. quarter for the ibex, as well. by and large the pmi...
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london bureau is following the protests in the city against starbucks and we activists have threatened to all keep by the company's shops with a negligible corporation tax if it's paid in britain despite the dreadful news more pictures and videos from the day of action on our twitter page. britain has joined the u.s. in claims they have intelligence suggesting syria might be preparing to use chemical weapons well some countries have sent the use of such weapons would trigger a foreign military intervention the situation is increasingly drawing parallels to with the run up to the invasion of iraq ten years ago he has begun to form a u.s. state department chief of stuff lawrence wilkerson who is behind the report laying out the case for the iraq war we are the same what he thinks is next will syria and how justifiable the fear is opposite its chemical arsenal. i would be highly skeptical of any intelligence rendered by the one hundred forty plus billion dollar us intelligence community as to weapons of mass destruction in the possession of another country period i'm not violating any gre
london bureau is following the protests in the city against starbucks and we activists have threatened to all keep by the company's shops with a negligible corporation tax if it's paid in britain despite the dreadful news more pictures and videos from the day of action on our twitter page. britain has joined the u.s. in claims they have intelligence suggesting syria might be preparing to use chemical weapons well some countries have sent the use of such weapons would trigger a foreign military...
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troops have died in attacks this year in the volatile city near the pakistan border . iran is preparing to conduct a week of naval drills in the gas fields of the strait of hormuz in the persian gulf war ships submarines and missile defense systems will be tested iran says it's a peaceful demonstration of iran's defensive capabilities are missing it won't violate international law and respect the maritime borders of neighboring countries . with the new year nearly hair r.t. is taking stock of the events which shaped twenty twelve today we look at coverage of the u.s. presidential debates and the struggle for those candidates who didn't have multibillion dollar campaigns to get a voice. we have been running the election of close to your ears for more than two weeks before the election every single day there was a story by a correspondent running while guests on the show it said traits that truck so given the voice through the third parties was exactly what we needed to get the full picture. we are just a couple hours away now from the third party debate as you can see o
troops have died in attacks this year in the volatile city near the pakistan border . iran is preparing to conduct a week of naval drills in the gas fields of the strait of hormuz in the persian gulf war ships submarines and missile defense systems will be tested iran says it's a peaceful demonstration of iran's defensive capabilities are missing it won't violate international law and respect the maritime borders of neighboring countries . with the new year nearly hair r.t. is taking stock of...
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i think it's quite attractive certainly to the rest of the sector. >> citi shedding 11,000 job, around 4% of its workforce. some say it's part of a strategy by the new ceo. citi shares were up on that. so what do you make of ubs getting out of fixed income, citi shedding a huge chuck of jobs. >> i would actually go much further than that. we've had an a revolution. pure to pure growing at 50% per annum. i think it's time to redesign the way they do banking. some of the peer to peer lenders are ten times more efficient than banks. so there is an argument that you can do retail banking with 90% less people. it's quite a radical view, but i think that there is a huge scope for process redesign in terms of retail banking. we shouldn't be pushing bits of paper. whenever i try to make an international payment, i have to talk to-to-someone who manually puts all the numbers in to i don't know where. but it's much too cumbersome relative to what you're seeing in terms of innovation. >> i've hated my bank for sort of 30 years and i'm still there. >> they rely us on. >> accomplicomplacent banks w
i think it's quite attractive certainly to the rest of the sector. >> citi shedding 11,000 job, around 4% of its workforce. some say it's part of a strategy by the new ceo. citi shares were up on that. so what do you make of ubs getting out of fixed income, citi shedding a huge chuck of jobs. >> i would actually go much further than that. we've had an a revolution. pure to pure growing at 50% per annum. i think it's time to redesign the way they do banking. some of the peer to peer...
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Dec 3, 2012
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rescuers helped to slow the paralyzed drivers. the main route going between st. petersburg and moscow for cargo truck drivers. makes new york city traffic look down right peachy! >>> collection it out, china's northwest hammered by relentless snow since last week. snow and fog have shut down multiple airports. >>> let's warm things up. right? we need a little sunshine. super value is the stock that we've chosen today because it is up by 10%. it has been troubled but super value's entire business may be for sale or just the albertson's stores. it is not clear if a deal will be reached but nonetheless, investors plowing in with their feet. >>> call it the millionaire downgrade. could a big chunk of america's millionaires simply vanish if we go over the cliff? robert frank, are we talking like john mcafee going missing or we just saying we're not going to be millionaires anymore because we're not going to sell into these tax rates? >> belize is not big enough for all these missing millionaires. it is more like a downgrade. we're talking about the wealthy getting a l
rescuers helped to slow the paralyzed drivers. the main route going between st. petersburg and moscow for cargo truck drivers. makes new york city traffic look down right peachy! >>> collection it out, china's northwest hammered by relentless snow since last week. snow and fog have shut down multiple airports. >>> let's warm things up. right? we need a little sunshine. super value is the stock that we've chosen today because it is up by 10%. it has been troubled but super...
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surrounded by enemies the balls to be their stronghold constructed on top of the city but soon enough it became an economic hub siberian oil of its time bringing in a third of all russia's state revenues put the ball location head of the says for the russians are the russian crowds who lead a revolt against the czar and eight hundred twenty five known as the decembrists will stand here in droves there they created a replica high society adopting the latest fashions as soon as they came out or at least once they made it from paris to siberia. but the city also served up some bit of irony for the russian royal family after the bolshevik revolution. this is the office where the solemn nickel is the second spend most of the last year of his life his whole family had been exiled here and they lead a fairly comfortable existence this was a big house but they weren't allowed to see visitors or go outside themselves whilst leaving this ordinary normal countryside lifestyle they even had thoughts of escape but within the year the czar and his family would be dead. from fears to tears europe is
surrounded by enemies the balls to be their stronghold constructed on top of the city but soon enough it became an economic hub siberian oil of its time bringing in a third of all russia's state revenues put the ball location head of the says for the russians are the russian crowds who lead a revolt against the czar and eight hundred twenty five known as the decembrists will stand here in droves there they created a replica high society adopting the latest fashions as soon as they came out or...
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budget deficit during a local meeting the chief of police laid out the city's problems the sea is facing waves of gang violence theft and drug trafficking but with all the prisons completely overcrowded many of these criminals go right back on to the street and there's just nobody to put more police out there to fight them the police chief really only had one solution offer a given situation go home lock your doors and load your gun and you know what actually that's not that bad of a proposition america's always been a country where people been expected to look out for themselves and i appreciate the police chief's honesty but i know the world we live in and i have a feeling that the second some homeowner shoots a guy who jumps over his fence at night that homeowners going to go to jail for life you can't expect that one thousand nine hundred eighty attitude towards crime will be able to work in a twenty first century world where rapists consume you because they slipped on your slippery kitchen floor if you want people to be able to defend themselves that's great but you have to allow th
budget deficit during a local meeting the chief of police laid out the city's problems the sea is facing waves of gang violence theft and drug trafficking but with all the prisons completely overcrowded many of these criminals go right back on to the street and there's just nobody to put more police out there to fight them the police chief really only had one solution offer a given situation go home lock your doors and load your gun and you know what actually that's not that bad of a...
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near the city of shame kent local media reports the pilots to trying to make an emergency landing. launched. at least seventeen people have reportedly been killed in fighting near oil pipeline in yemen the violence broke out when the army barracks by ass strikes attempted to secure the oil rig and repair damage caused by local mentions last month the country's pipelines are often sabotaged by islamist fighters causing fuel shortages and a slash to export earnings. syrian rebels claim to have seized the small town near the turkish border and government forces surrounded after weeks of heavy fighting opposition fighters an hour thought to be in control of large parts of the north of the country after seizing three major military bases and attack is now underway on a fourth. a divisive election campaign is looming over a trip with a new parliamentary vote now due to take place within the next two months it comes after president morsi signed into effect of the country's first post mubarak constitution passed in a two stage referendum the yes vote was confirmed on tuesday after an offic
near the city of shame kent local media reports the pilots to trying to make an emergency landing. launched. at least seventeen people have reportedly been killed in fighting near oil pipeline in yemen the violence broke out when the army barracks by ass strikes attempted to secure the oil rig and repair damage caused by local mentions last month the country's pipelines are often sabotaged by islamist fighters causing fuel shortages and a slash to export earnings. syrian rebels claim to have...
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Dec 5, 2012
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have spread even into the wealthiest areas of the city. just a few miles south, an old market town that used to be an affluent place to live. recently, though, the town has been in decline. despite having the highest rate of vacant shops in the country, 30% in 2010, the area is a conservative stronghold, one of only two out of manchester's 27 constituencies. >> people are really very realistic about the situation we're in. they know that the government can't just pick money off trees. people i think understand that there's too much spent before, too much borrowing, that we've now got a massive mountain of debt that needs to be paid down. >> whether people from manchester understand it or not, it looks like the economic recovery is set to be a long one. >>> talks between the white house and republicans over the fiscal cliff are grinding to a hold. house speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called
have spread even into the wealthiest areas of the city. just a few miles south, an old market town that used to be an affluent place to live. recently, though, the town has been in decline. despite having the highest rate of vacant shops in the country, 30% in 2010, the area is a conservative stronghold, one of only two out of manchester's 27 constituencies. >> people are really very realistic about the situation we're in. they know that the government can't just pick money off trees....
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Dec 4, 2012
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player in kansas city, second amendment instead of blaming the sick people who use them. republicans have responded to a fiscal cliff counter offer to president obama. eamon javers joins us now from washington with all the details. good evening. >> reporter: good evening. leapt me walk you through the specifics or at least what specifics we have so far from this boehner counter offer and you can see where it falls short from the white house's perspective right in the top line take a look at the details here. boehner and the other house republicans are asking for $800 billion in new tax reform revenue. that's short of the $1.6 trillion that the president would like to see there. also health savings of $600 billion. mandatory savings of $300 billion. revisions of cpa of 200 billion. other discretionary saving 300 billion. they say net savings is $2.2 trillion all told. the white house says this plan is not balanced, and interestingly there's a little side skirmish here between the speaker of the house john boehner and erskine bowls. boehner said this was based on a report t
player in kansas city, second amendment instead of blaming the sick people who use them. republicans have responded to a fiscal cliff counter offer to president obama. eamon javers joins us now from washington with all the details. good evening. >> reporter: good evening. leapt me walk you through the specifics or at least what specifics we have so far from this boehner counter offer and you can see where it falls short from the white house's perspective right in the top line take a look...
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entrance to the base it's not the first time a city that catered near the border with pakistan has witnessed such attacks two suicide bombings earlier this year killed forty one people including six u.s. military personnel. divisive election campaign is looming over egypt with a new parliamentary vote now due to take place within the next two months it comes after present merci signed into effect the country's first post about constitution passed to stage a referendum on the yes vote was confirmed on tuesday after an official probe into allegations of vote rigging turned up nothing but in reaction a furious position protesters took to the streets of cairo liberals claim the islamist drafted constitution betrays the revolution and sidelines the rights of women and minorities in egypt one middle east expert told r.t. is the mists will lose a power if they fail to meet the people's demands this is the first time. constitution that you have the president not the egyptian parliament went and cannot. you have a prime minister who is actually empowered to take decisions without going back to the pr
entrance to the base it's not the first time a city that catered near the border with pakistan has witnessed such attacks two suicide bombings earlier this year killed forty one people including six u.s. military personnel. divisive election campaign is looming over egypt with a new parliamentary vote now due to take place within the next two months it comes after present merci signed into effect the country's first post about constitution passed to stage a referendum on the yes vote was...
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gates the union flag has previously flown at the city hall the sanctuary. egypt's top judicial body has agreed to oversee a referendum on a draft constitution proposed by mohamed morsi in doubt according to the president's legal aid it comes a day after another board of directors called for a boycott of the vote which was shadowed for two weeks in effort to undermine the president the draft constitution and recent decree granting morsi sweeping powers sparked massive protests across the country. the u.s. has warned syria's president bashar assad that he'll see a military response if he uses chemical weapons and crosses the red line this comes amid a fresh wave will be u.s. intelligence reports suggesting damascus was preparing to deploy its chemical weapons in the ongoing civil war as they were in official denies the claims and insisted his country would never use them meanwhile the yuan as we. drawing what is called essential stuff from the country halting humanitarian missions outside damascus and these safety concerns. in india sustainable family busines
gates the union flag has previously flown at the city hall the sanctuary. egypt's top judicial body has agreed to oversee a referendum on a draft constitution proposed by mohamed morsi in doubt according to the president's legal aid it comes a day after another board of directors called for a boycott of the vote which was shadowed for two weeks in effort to undermine the president the draft constitution and recent decree granting morsi sweeping powers sparked massive protests across the...
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so it's right in the heart of the city. and then you have with the high line, we all know the impact of that. and the expansion of the hudson boulevard that's being built. all these things coming toget r together, and this is where people want to be today in chelsea. i mean, you know when we go out and night and all the new restaurants and activity going, it's all in that area. so i think this will really become the new heart. it'll be kind of a shift. and it's exciting because people said it wouldn't happen. and the vision of the bloomberg administration was -- they were right on target. >> so city government was on your side here. i think of all the things that stand in the way of projects like this, whether it's regulatory issues or zoning issues or labor problems, or credit not being available or the fiscal cliff, any -- i mean it's -- and it's happening. so none of those things stood in your way? they make it more difficult? >> i mean, look -- doing a job this size in these times certainly -- >> took a while. >> right.
so it's right in the heart of the city. and then you have with the high line, we all know the impact of that. and the expansion of the hudson boulevard that's being built. all these things coming toget r together, and this is where people want to be today in chelsea. i mean, you know when we go out and night and all the new restaurants and activity going, it's all in that area. so i think this will really become the new heart. it'll be kind of a shift. and it's exciting because people said it...
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actually living in the city of london you call the city of an . some corporation and undemocratic pocket within london as a whole other any of the borrowers in the u.k. that are this similar type of exception to the general rule you know there's nothing like the corporation of london i don't think anywhere in the world i mean there are some anomalies we know of like the vatican and so on but they're very very distinct and we know about them the whole point of the corporation of london is people don't know about it people don't know what it does they don't know about its role as the financial crisis continues the media is increasingly hungry and searching for people to pin the blame on for the country's woes do you think that villainize in the city of london corporation conveniently fits into that quite fashionable anti banking narrative. i think again it's not really vilifying it's saying look there are some really good structures in the corporation of london and some very good ones but they've been subverted and i think when you've got an institu
actually living in the city of london you call the city of an . some corporation and undemocratic pocket within london as a whole other any of the borrowers in the u.k. that are this similar type of exception to the general rule you know there's nothing like the corporation of london i don't think anywhere in the world i mean there are some anomalies we know of like the vatican and so on but they're very very distinct and we know about them the whole point of the corporation of london is people...
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Dec 20, 2012
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conference in the heart of new york city, but then on cnbc. the company coming out trying to defend itself, but you'll see shares of hlf, that being herbalife, still down 10% at this hour. let's bring in allen valdez from dme securities. let me just ask you first about this deal. i.c.e. and the nyse, you're a trader. you make your living down on the floor of this new york stock
conference in the heart of new york city, but then on cnbc. the company coming out trying to defend itself, but you'll see shares of hlf, that being herbalife, still down 10% at this hour. let's bring in allen valdez from dme securities. let me just ask you first about this deal. i.c.e. and the nyse, you're a trader. you make your living down on the floor of this new york stock
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Dec 12, 2012
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only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> on the agenda for the united states, november import prices come out at 8:30 eastern. they're forecast to drop by a half percent. at 2:00 p.m. we'll get the monthly budget statement from the u.s. treasury. >>> a check of futures, a rally, looking at 46 points on the dow. a couple of points for the nasdaq and s&p 500 building on the rally we saw yesterday. >>> this is today's fiscal cliff update. u.s. budget talks have intensified. pres
only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all...
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Dec 19, 2012
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that's what the knife if for. ♪ >> executive chef andre dupont at the city of london branch has promised it teach even a kitchen novice like me how to make the perfect holiday meal. this is the second london location of the french company, but plenty more are in the pipeline. >> we plan it open four more in the next tweerks all o years, a london. >> why is the u.k. so ripe for expanding a cooking school business? blame the likes of tv chefs. >> the desire to learn about cooking, to watch cooking is everywhere. it's ubiquitous across the media. you watch any tv program at night, you've got cooking there. any magazine, newspaper, you've got cooking there. we've become very used to cooking. we're a nation of armchair chefs. >> how did my attempt at making holiday dinner go? okay, i'm going try to get a little of everything. so good. it's worth the effort to actually make something like this for my family. that would be great. >> absolutely. >> wow. turns out with a little classically trained french help, even i can make christmas dinner. from the kitchens of latalia de chefs, i'm kelly evan
that's what the knife if for. ♪ >> executive chef andre dupont at the city of london branch has promised it teach even a kitchen novice like me how to make the perfect holiday meal. this is the second london location of the french company, but plenty more are in the pipeline. >> we plan it open four more in the next tweerks all o years, a london. >> why is the u.k. so ripe for expanding a cooking school business? blame the likes of tv chefs. >> the desire to learn...
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one of the most beautiful cities in the world but the french live. this city. as one of the most important events. this year in central paris alone the famous chancellor installing christmas lights wasn't cheap at christmas elimination because they're on a one million euros it shop on the shelves that he is contributing to the christmas lighting depending on the number of trees they have in front of their of their shop eighty percent money money from the shops of the shows an easy. twenty percent this money city hall but the budget has gone up by a third across the whole country in a year where the average person has struggled financially the authorities say they're splashing out the extra millions to help people forget how little they have . but there is crisis there is financial difficulty people have less money to spend so we have to create a festive atmosphere to give them back the will to buy and celebrate it's clear that you're in crises in developed countries people tend to economize and spend less money so it's important to avoid this negative spiral of
one of the most beautiful cities in the world but the french live. this city. as one of the most important events. this year in central paris alone the famous chancellor installing christmas lights wasn't cheap at christmas elimination because they're on a one million euros it shop on the shelves that he is contributing to the christmas lighting depending on the number of trees they have in front of their of their shop eighty percent money money from the shops of the shows an easy. twenty...
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Dec 18, 2012
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fx strategy at citi. steven, hi. good morning. does that suggest to you we're going to get a resolution before, dare i say, weekend? >> i'm not sure about the weekend, but it looks increasingly as if they're both trying to avoid going over the fiscal cliff, even for a small period on of time. i think the warnings that fed economists and other economists have given is that this isn't something one should do lightly. we've been talking about this for a year and a half now. so i think that the range of differences has narrowed. >> i wonder what that means when we start to look into 2013, if some resolution is likely here. what is the outlook for the u.s. economy and for the dollar? >> obviously, this is a large issue. for markets, they don't need a brilliant resolution to it or a grand scheme plan. what the markets need to know is we're not going to have a disaster going over the cliff at the beginning of january. in terms of the dollar, it's good news for the u.s. economy, but it may be better news for the world. the fed is going to
fx strategy at citi. steven, hi. good morning. does that suggest to you we're going to get a resolution before, dare i say, weekend? >> i'm not sure about the weekend, but it looks increasingly as if they're both trying to avoid going over the fiscal cliff, even for a small period on of time. i think the warnings that fed economists and other economists have given is that this isn't something one should do lightly. we've been talking about this for a year and a half now. so i think that...
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in britain has one of these safeguards for the city so why is the u.k. so desperate to be involved in the eurozone decision making in your view. good evening lou thank you the key decision making for david cameron and those who support the greater banking union is that they believe that the european union's only asset is that of the single market this supposed great market five hundred fifty million people where we can trade freely between each country without problems i don't see it that way myself i think the single market actually has its own problems but i believe that's the key reason why they're supporting the banking union and maintaining the european union and what are those problems in your view well firstly the we were in britain was sold the idea when we had our referendum that we were having a common market and our common market is where we can trade between countries without a huge amount of regulation the big problem with the single market is that it effectively taxes the consumer products and it taxes the taxpayers of european countries be
in britain has one of these safeguards for the city so why is the u.k. so desperate to be involved in the eurozone decision making in your view. good evening lou thank you the key decision making for david cameron and those who support the greater banking union is that they believe that the european union's only asset is that of the single market this supposed great market five hundred fifty million people where we can trade freely between each country without problems i don't see it that way...
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city of london back in the eighties and. said there is no alternative to this black hole of debt essentially we must turn over everything to the financial sector remember that dana think she used to say you know they george osborne doesn't want to say tina does it there is no alternative so there is no plan b. we don't know if you really mean that in doing you're channeling fat you're you know we know that's all about. exactly when they say there is no plan b. what they mean is to you know to you now there's no alternative because that's all we know this is how we've been indoctrinated so there's no going back they say you know it is black all that i brought with me i'm in my god this is what's happening to this is this is where i was two years ago and now this is the this year and you see it's growing like this this is once in devouring the global economy this is what's killing the global economy as we know it is that this black hole of debt flowing through the financial year just their opposition is getting bigger every ye
city of london back in the eighties and. said there is no alternative to this black hole of debt essentially we must turn over everything to the financial sector remember that dana think she used to say you know they george osborne doesn't want to say tina does it there is no alternative so there is no plan b. we don't know if you really mean that in doing you're channeling fat you're you know we know that's all about. exactly when they say there is no plan b. what they mean is to you know to...
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and standing on the outskirts of the city of months it's right up in the far north of russia and it's been the starting point for many polar expeditions i'm hoping and i'm going to get to try one or two arctic challenges myself. you have to be physically fit to survive on here and the people certainly seem to have a lot of energy one of the biggest annual events in a moment ski is the northern lympics a collection of winter games that brings the population out in force and this is a welcome to take two. now if you're going to be an arctic explorer one thing you have to have is plenty of stamina so i have decided to enter alternate test of insurance on the cross-country march. and. i know you must meet. your. goodman thank you very much who's your number one thirty one thirty which i think is about there's about a thousand people here. i'll make it to number one hundred thirty i'll be very lucky ok i'll go so if i'm torn as an experience i'm one of the race organizers and apparently i wasn't exactly in for a treat can you tell me a bit about the specifics of the race because it seems f
and standing on the outskirts of the city of months it's right up in the far north of russia and it's been the starting point for many polar expeditions i'm hoping and i'm going to get to try one or two arctic challenges myself. you have to be physically fit to survive on here and the people certainly seem to have a lot of energy one of the biggest annual events in a moment ski is the northern lympics a collection of winter games that brings the population out in force and this is a welcome to...
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that's pimly for the northern suburbs. in the city itself, i'd say near 2 inch of snowfall. northern michigan, he could see fairly significant snow, some places up to a foot or so. but that snow, that system which means so much to millions of americans is going to drive its way eastward, bringing rain, strong storms ahead of it and what you can expect point by point. eastern third of the country, pretty quiet, at least along the coast. it's the ohio valley, mid mississippi valley where you can have snow and rain. let's wrap it up and send it back to you. >> perfect. reynolds wolf, if you're just joiningous "worldwide exchange," these are your headlines. the boj increases asset purchases for the on ferd time since august. it could be announced today. brinksmanship continues as president obama threatens to veto john boehner's plan b for the fiscal cliff. >>> and russia's richest man, alisher usmanov was one of a group of early facebook investors who achieved spectacular returns. geoff cutmore asked mr. usmanov just what prompted him to make that investment in the first place.
that's pimly for the northern suburbs. in the city itself, i'd say near 2 inch of snowfall. northern michigan, he could see fairly significant snow, some places up to a foot or so. but that snow, that system which means so much to millions of americans is going to drive its way eastward, bringing rain, strong storms ahead of it and what you can expect point by point. eastern third of the country, pretty quiet, at least along the coast. it's the ohio valley, mid mississippi valley where you can...
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in nearby mosques to the presidential palace and there were rumors that they would march on the city however that never happened the scenes were very calm after we witnessed extraordinary seeing hundreds of thousands of protesters just outside the presidential palace in front of republican guard barricades. the republican guards who essentially stepped aside and let the flood a flood of protesters through to the gates of the presidential palace to continue the protest right in front of the gates shouting leave morsi leave and against the constitution very emotional scenes here on the streets. and staying in the region public outrage hits the streets of a once stable gulf stream. we report from the capital of kuwait where tens of thousands demonstrated potentially writing a new chapter in the history of the arab spring find out what straw broke the camel's back later in the program. police in the u.k. are refusing to release the details about the death of a nurse who allegedly committed suicide after a prank call about the pregnant duchess of cambridge news of the nurse's death only a
in nearby mosques to the presidential palace and there were rumors that they would march on the city however that never happened the scenes were very calm after we witnessed extraordinary seeing hundreds of thousands of protesters just outside the presidential palace in front of republican guard barricades. the republican guards who essentially stepped aside and let the flood a flood of protesters through to the gates of the presidential palace to continue the protest right in front of the...
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Dec 7, 2012
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stocks related to citi growth continued to surge as the new urbanization plan is aiming to boost investment plan. agriculture stocks up today on support policies. hang seng dragged lower by utility stocks. picc staged a strong trading debut gaining almost 7%. biggest ipo in two years with analysts expecting the stop stock to be included in major benchmark indices very soon. nikkei pulled back from its seven month low, but sharp shares soared over 8% adding to yesterday's 10% rally. investment talks are still on. south korea technology shashs and ship builders lent support to the kospi, but automakers were in reverse gear. us a railian equities up nearly 1% today with miners and banks ending higher. sensex trading lower by 0.2% back to you. >>> getting reports in from reuters that the tsunami measuring about a meter high is hitting the meyagi prefecture. just getting the report in this report. i don't know whether you can confirm or support that, amy. >> we don't have any information about that. we do however know here in the united states we work with the pacific tsunami warning center and
stocks related to citi growth continued to surge as the new urbanization plan is aiming to boost investment plan. agriculture stocks up today on support policies. hang seng dragged lower by utility stocks. picc staged a strong trading debut gaining almost 7%. biggest ipo in two years with analysts expecting the stop stock to be included in major benchmark indices very soon. nikkei pulled back from its seven month low, but sharp shares soared over 8% adding to yesterday's 10% rally. investment...
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protests and protests in the cities and in the villages they have been threatening you know to come into foreign aggression not to keep law and order a civilized manner but their position is provoking the government as i said resorting to terrorist attacks taking hostages and also introducing into this conflict the stick there in their mansion which is very dangerous it is already reverberates in the muslim world. arab kurds. and be. the sneak and confessional sic their income position of syria is so complex that if. the chaos is established there it was very great all over the region but coming back to the present situation if people who say you know negotiations with us. if they believe that. he's departure in whatever form is number one priority then they must understand that for these geopolitical goal of theirs they would have to pay the price but the price in the lives of the serious of the syrian civilians nato is the claimant of patrick miss out on turkish syrian border is that part of solution and why are they really targeted that we recognize the right for turkey to think about
protests and protests in the cities and in the villages they have been threatening you know to come into foreign aggression not to keep law and order a civilized manner but their position is provoking the government as i said resorting to terrorist attacks taking hostages and also introducing into this conflict the stick there in their mansion which is very dangerous it is already reverberates in the muslim world. arab kurds. and be. the sneak and confessional sic their income position of syria...
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Dec 12, 2012
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the biggest inequality in the united states is inner city education. half the kids in inner schools do high school. many of those kids are minority. it's wrong. it's unfair. it kills opportunity. we all want an equitable society. what makes it equitable? you can do it the way cuba tried. okay. well, then it will be equitable but it won't be much. i don't see people saying i want inequity. we want to lift society up so everyone's better off. that does not mean people don't have to pay people what they're competitively worth. if you don't want a free society, then start dictating what compensation can be. >> this conference is called opportunities for tomorrow. i want to get your sense in terms of where you think, in this country at least, and maybe globally, the next rate opportunity is, if you will. from an investing perspective. >> i've been around in asia and hong kong and japan recently and chile and brazil. you know what the most blinding thing is? you know who's got the best opportunity in the world? right here. best universities, best businesses,
the biggest inequality in the united states is inner city education. half the kids in inner schools do high school. many of those kids are minority. it's wrong. it's unfair. it kills opportunity. we all want an equitable society. what makes it equitable? you can do it the way cuba tried. okay. well, then it will be equitable but it won't be much. i don't see people saying i want inequity. we want to lift society up so everyone's better off. that does not mean people don't have to pay people...
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Dec 6, 2012
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citi's news lifting the banking sectoroff all. "wall street journal" suggests the new ceo still needs to set the a new path for the bank to follow and argues corbat is unlikely to get anything close to 100% approval rating especially if he chooses to postpone returning money to shareholders. >> there was a lot of different cross currents from what people were hearing yesterday in washington. market well above 100. >> ended up 85 for the day. >> i guess the demise of john boehner as speaker was greatly exaggerated. did you see this "new york times" piece? more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up. there will be a tax increase to people making more than 250 anyway because of the health care law. so the idea that somehow they will get a freebie is ju
citi's news lifting the banking sectoroff all. "wall street journal" suggests the new ceo still needs to set the a new path for the bank to follow and argues corbat is unlikely to get anything close to 100% approval rating especially if he chooses to postpone returning money to shareholders. >> there was a lot of different cross currents from what people were hearing yesterday in washington. market well above 100. >> ended up 85 for the day. >> i guess the demise of...
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troops have died in attacks the. in that volatile city that's near the pakistan border. iran says it's prepared and dumped a week of naval drills in the gas fields of the strait of hormuz in the persian gulf war ships submarines and missile defense systems are set to be tested they say france says it's a peaceful demonstration of iran's defensive capabilities promising it won't violate international law and will respect the maritime borders of labor and countries. egypt's president has hailed the new constitution is paving the road to democracy and urge dialogue between all political groups morsi delivered his first national address to the deeply polarized nation since signing the charter into law the opposition insists though the constitution's a threat to freedom protestors blocked traffic in cairo on tuesday angry with the results of the referendum you charter gives legislative powers to the traditionally toothless upper chamber in the lower house of parliament selected within the next two months the opposition those worried that the muslim dominated body which held i
troops have died in attacks the. in that volatile city that's near the pakistan border. iran says it's prepared and dumped a week of naval drills in the gas fields of the strait of hormuz in the persian gulf war ships submarines and missile defense systems are set to be tested they say france says it's a peaceful demonstration of iran's defensive capabilities promising it won't violate international law and will respect the maritime borders of labor and countries. egypt's president has hailed...